FRANKFURT, Germany - Danish start-up Pentalock enjoyed its second ever outing to Eurobike for this year's event. In contrast to a year ago, the anti-theft solution is making a market entrance in the Netherlands and is ready to scale-up production as CEO and co-founder Emil Norup explained to Bike Europe.
TREVIGLIO, Italy - Bianchi has taken the next step in its strategic reorientation of the market and announced the start of direct distribution in Scandinavia. The new organisation in the Nordic countries is part of a strategic project to strengthen Bianchi's presence and competitiveness in the European market.
TALLINN, Estonia - The recent initial public offering on the Baltic First North market gave room for expansion of the Estonia cargo-bike manufacturer Hagen Bikes, also known as KP Cyclery. Recently the company launched three new models and expanded to Germany and France.
The Tech company PentaLock started as a master thesis at university and has developed into a successful business, destroying bike theft for good. They have just raised €1.6M in pre-seed funding and are now more than ready to supply bicycle locks to bicycle manufacturers across Europe, starting with the Netherlands.
AALBORG, Denmark - PentaLock has raised €1.6 million in pre-seed funding from current investors and a lineup of Danish business angels. This investment will allow the start-up to make the next step in developing the company and meeting the target market's needs.
COPENHAGEN, Denmark - Following a 2-year hiatus, the Copenhagen Bike Show opened its doors again last weekend making it one of the first cycling shows this year in Europe. Now corona restrictions are being lifted in a growing number of countries, more shows are expected to follow soon. So, does Denmark live up to its promise as a high potential market?
COPENHAGEN, Denmark - Less than 7 weeks until the start of the 6th Copenhagen Bike Show, the organiser expects a successful event. "The Covid-19 situation is rapidly improving in Denmark which gives us confidence that it will be safe to visit the event," says show manager Christian Ritter.
COPENHAGEN, Denmark - The distribution of e-bike and bicycles in Denmark has been hampered this year, like on all other European markets. Demand is ongoingly strong, but supply is very difficult. Whilst retailers complain about product availability, local production of e-bikes remains very limited.
TERNDRUP, Denmark - Cykelgear, the Danish e-commerce business for bike components, has agreed on selling a majority stake in the company to investment firm, Foreman Capital. The partnership will allow the company to fulfil its growth ambitions and further grow the e-commerce platform across the Nordics. The purchase price has not been disclosed.
RISSKOV, Denmark - Is it the smallest e-bike display on the market? Promovec has integrated the display and much more into a grip. The Danish company received a Eurobike award for this patented design.
